Hints and tips:
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...Plaintiffs including the states of Louisiana and Missouri last year sued the Biden administration, alleging the US government quashed conservative speech on issues such as the efficiency of masks and lockdowns...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...Yet open the bonnet of the US’s premier technology index, and it’s clear the internal machinery of the market is faltering....
...Diaz noted one of his suppliers had shut down its plant in Missouri and relocated to India, leaving St Augustine Distillery to rely on the spot market for bottles....
...“It’s really gumming up the works,” said Schrap, head of the Harbor Trucking Association. “Because we can’t pick up these chassis, we’re actually sending guys home.”...
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
...Josh Hawley, the Republican senator for Missouri, said it was “the most important antitrust case in a generation”....
...Josh Hawley, the Republican senator from Missouri who has been a critic of big technology companies, on Tuesday hailed the case against Google as the “most important antitrust case in a generation”....
...Uber worked out a settlement with Waymo, the terms included that Uber “would never hire or work with Mr Levandowski again, which resulted in Uber also reneging on its promises to support Mr Levandowski’s trucking...
...Reinsurance for US trucking fleet liability risk has in some cases tripled in cost....
...Aurora is also heading in that direction, announcing on Monday that its “first commercial product will be in trucking”....
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
...Shortly after he left the company in 2016, he co-founded Otto, an autonomous trucking company later acquired by Uber for a reported $680m....
...Josh Hawley, a Republican senator from Missouri who has been a critic of big technology companies, introduced a Senate bill on Wednesday that would remove Section 230 immunity for large companies unless...
...Yet there are still presses somewhere out there in East London to help us continue the managed decline of our print publication....
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...On the right, Republicans such as Josh Hawley, the senator from Missouri, have emerged as strident critics of online platforms....
...A Republican congressman, Billy Long from Missouri, tried to offer him a compliment: “A lot of people come in and they have all these mannerisms and they’ve practised with people telling them what to do....
...Josh Hawley, the US state’s top lawyer, said his office had issued a subpoena stemming from an investigation into the company’s business practices....
...Missouri on Monday announced a wide-ranging investigation into Google over privacy and antitrust issues, opening the first inquiry for four years of the internet giant’s growing power in its home country...
...If US trustbusters ever get around to taking on Google, it may have as much to do with the mood in Jefferson City, Missouri, and Jackson, Mississippi, as the recent shift in the political winds in Washington...
...Perhaps Schumacher’s dream will come true after all — but maybe not in the US....
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